MIDSUND HYTTEUTVIKLING AS

6509 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−100,1 %

Current Ratio

19,97

Debt-to-Equity Ratio

18,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	220 000	663 000	740 000	1 249 000
Net Income	−1 007 000	−215 000	−150 000	355 000
Total Assets	20 886 000	19 698 000	23 528 000	23 273 000
Total Equity	1 006 000	2 013 000	2 228 000	2 379 000

Income (NOK)	2022	2021	2020	2019
Revenue	220 000	663 000	740 000	1 249 000
Expenditure	414 000	297 000	148 000	122 000
Operating Profit	−193 000	366 000	592 000	1 127 000
Financial Income	0	0	0	12 000
Financial Costs	814 000	581 000	742 000	784 000
Financial Balance	−814 000	−581 000	−742 000	−772 000
Earnings Before Tax	−1 007 000	−215 000	−150 000	355 000
Tax	0	0	0	0
Net Income	−1 007 000	−215 000	−150 000	355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	20 886 000	19 698 000	23 528 000	23 273 000
Total Assets	20 886 000	19 698 000	23 528 000	23 273 000
Total Retained Equity	−1 494 000	−487 000	−272 000	−121 000
Total Equity	1 006 000	2 013 000	2 228 000	2 379 000
Total Long-Term Debt	18 834 000	17 524 000	21 183 000	20 825 000
Total Current Debt	1 046 000	161 000	116 000	69 000
Total Equity and Debt	20 886 000	19 698 000	23 528 000	23 273 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 000	663 000	740 000	1 249 000
Other Income	0	0	0	0
Revenue	220 000	663 000	740 000	1 249 000
Cost of Goods Sold	0	0	0	0
Salary Costs	11 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	414 000	297 000	148 000	122 000
Operating Profit	−193 000	366 000	592 000	1 127 000
Financial Income	0	0	0	12 000
Financial Costs	814 000	581 000	742 000	784 000
Financial Balance	−814 000	−581 000	−742 000	−772 000
Dividends	0	0	0	0
Net Income	−1 007 000	−215 000	−150 000	355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	20 886 000	19 698 000	22 882 000	21 967 000
Total Investments	0	0	0	0
Cash, Bank	0	0	72 000	1 263 000
Total Current Assets	20 886 000	19 698 000	23 528 000	23 273 000
Total Assets	20 886 000	19 698 000	23 528 000	23 273 000
Total Equity	1 006 000	2 013 000	2 228 000	2 379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	18 834 000	17 524 000	21 183 000	20 825 000
Creditors	0	0	0	0
Unpaid Taxes	5 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 042 000	161 000	116 000	69 000
Total Current Debt	1 046 000	161 000	116 000	69 000
Total Equity and Debt	20 886 000	19 698 000	23 528 000	23 273 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100,1 %	−10,68 %	−6,73 %	14,92 %
Debt-to-Equity Ratio	18,72	8,71	9,51	8,75
Operating Profit Margin	−87,73 %	55,2 %	80 %	90,23 %
Current Ratio	19,97	122,35	202,83	337,29
Quick Ratio	−1,05	−1,01	−1,03	−1,06
Equity Ratio	0,05	0,1	0,09	0,1
Gross Profit Margin	100 %	100 %	100 %	100 %